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Abilene 79601 Abilene Heights Area
1901 Marathon Road
$320,000
● House - Off Market

1901 Marathon Road

Abilene, TX 79601
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,522 Ft²
$494,652
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

This distinctive three bedroom-two bathroom home on TWO exterior lots is conveniently located just minutes from Abilene Christian University in the highly sought after University Hills Subdivision. Indoors, enjoy unique features such as  oversized walk-in closets, large and open living spaces, double ovens in the kitchen, a walk-in bathtub with separate shower in the master suite, a beautiful and roomy sunroom, and a massive three car garage. Outdoors, enjoy entertaining guests in the spacious backyard complete with an outdoor kitchen and fireplace. Come take a look to experience the full list of features that this one of a kind home offers.
Unit Size
2,522 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$139
Property Type
House
Property Taxes
$651
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14217037)

Price History

Date / Event Date Event Price
May 20, 2020 Sold
Premium
Sold
Nov 19, 2019 Listed by Frisco Stars LLC $350,000
Listed by Frisco Stars LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 904
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 27,184
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 2,440
  • Total Building Area: 3,426
  • Gross Building Area: 3,426
  • Building Area: 2,522
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,522
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIVERSITY HILLS ADDN SEC 2
  • Land Acres: 0000000624
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: UNIVERSITY HILLS ADDN SEC 2, BLOCK M, LOT 1 & 7

Neighborhood

  • School District Name: Abilene Independent School District
  • Census Tract: 010100

Geography

  • Parcel: 64383
  • Block: M
  • Lot: 1,7
  • Municipality: ABILENE
  • Latitude: 32.4704
  • Longitude: -99.7006

    Address

  • Full Address: 1901 Marathon Rd
  • Address - House Number: 1901
  • Address - Street Name: Marathon
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Abilene
  • Carrier Code: C008
  • 4-Digit Zip Code: 2669
  • Zip Code: 79601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $972,854
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: SAB

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 437,740
  • High Value: 532,945
  • Low Value: 342,534

    Market Valuation

  • Market Total Value: $481,466
  • Market Land Value: $47,953
  • Market Improvement Value: $433,513

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $422,044

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2020
  • Current Sale Recording Date: May 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-00008337
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Abilene Heights Area

Stats & Trends

Median Asking:

$239,950

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2039 ft²

Average Home Age

28.3 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2450 Union Lane, Abilene, TX, 79601

$1,695 /mo

  • 1 Bed
  • 1 Bath
  • 980 ft²
2450 Union Lane, Abilene, TX, 79601 Listing by Shawna Abernathy

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Holly Petree, Frisco Stars LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14217037
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1901 Marathon Road built and last sold?
The property at 1901 Marathon Road was built in 1999 and last sold on May 20, 2020 for $403,800.
How much is this home worth?
The estimated value of the home located at 1901 Marathon Road is $361,170.
What are some comparable homes to 1901 Marathon Road?
There are currently no comparable homes to 1901 Marathon Road.
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